Are Condos the New Black?

In the fashion world when something is the “new black” it connotes a sense of style & coolness.  Indeed, According to a recent article on BloovianPrime “Condos are the new Black.”  Using data from Zillow, they report that condos are appreciating faster than single-family homes in markets across the country.  In fact, condominiums are appreciating at a rate of 5.1% compared to 3.7% for single-family homes.

[condos]  “are appreciating faster than single-family homes in nearly two-thirds of the top 35 most populated housing markets.”

Click here to read the full story, Condos Are The New Black, BloovianPrime 10/28/15